Congress should put sanctions on Russia similar to those on Iran. And put them on Russia’s allies too.
He [Obama] would seek from the Congress a substantial increase in the defense budget; the U.S. would permanently deploy substantial ground and air units in Poland and the Baltic States along with other NATO Allies; it would accelerate military technology transfer to Poland; it would enhanced its intelligence facilities and capabilities closest to Russias borders; it would review again the issue of enhanced BMD deployments in Eastern Europe;
it would convene a major Washington Energy Conference on the subject of how to reduce European dependence on Russian energy over the long term; it would go forward with the Keystone pipeline; it would approve the licenses of a dozen or more U.S. natural gas terminals and seek new legislation to foster the export of American energy;
and it would urgently try to conclude the TTIP and to smooth the way for Congressional approval. And the President would make clear he was taking all these major initiatives to strengthen the Alliance because of Russia’s aggressive behavior in Ukraine. The Administration took not a single one of these actions, but it is not too late.
http://nationalinterest.org/feature/dealing-putin-11694